Summary:
Colorado Opp. Zone: Census Tract 002802
Sale Price: $1,695,000 ($117,545 / ac)
Acreage (total) 14.42 AC
Proposed Use: Residential
Current Density: 1 d.u. / 2.5AC
Future Zoning: 1 d.u. / 0.5 - 1.5 AC
Investment Highlights:
- Shovel-ready for opportunity-zone investment with horizontal infrastructure under construction and/or adjacent to site.
- Located in Estes Park, CO next to Mary’s Lake and a 5-minute drive to Rocky Mountain National Park (RMNP) plus historic attractions
- Build 1 to 5 units over time; All gains at future sale date(s) are tax-free
- 4.5 million visitors to/through RMNP annually, up from 3.0 million in 2010
- “Top 5” Retirement Towns in Colorado (2023)
- Gentle, South-facing slope with gorgeous views to Mary’s Lake, Lily Mountain, and beyond.
This is an incredible opportunity unlike any other in Colorado to purchase large-lot, residential acreage just outside of Rocky Mountain National Park. Size and zoning of parcel allows you to build your personal residence or business-oriented rental propert(ies).
Utilities present at property boundary such that any future improvements to infrastructure (i.e. paving, sewer, septic, and/or water) allows immediate fulfillment of the IRS’ well-established OZ precedent of “more than an insubstantial amount in land improvement” requirement.
Excellent location directly across the street from beautiful Mary’s Lake, on gentle South-facing slope, and with views to Lily Mountain (elev. 9,786’) and beyond. Located within unincorporated Larimer County and adjacent to Town of Estes Park; a 5-minute drive to RMNP entrance or 6-minutes from main street Estes Park (Elkhorn Dr.) See overview and character shots of the property for the beautiful granite outcroppings, old-growth pine trees, native vegetation and incredible wildlife.
For sale by local, current ownership